City Group's Tk1,700cr loan deal likely tomorrow; payouts begin 8 Nov as cenbank relaxes rules
Bangladesh Bank has exempted five defaulting City Group companies from a lending restriction until 31 December 2027, allowing a City Bank-led consortium to provide up to Tk3,000 crore in working capital loans, with Tk1,700 crore agreed in the initial phase.
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TBS News Independent
Bangladesh Bank has exempted five defaulting City Group companies from a lending restriction until 31 December 2027, allowing a City Bank-led consortium to provide up to Tk3,000 crore in working capital loans, with Tk1,700 crore agreed in the initial phase.